US Bank has been ahead of other major lenders by an eighth point or so for some time and is now quoting rates in line with competition.
30 year fixed rate mortgage interest rates have been listed at 3.500% at US Bankcorp (NYSE:USB) and an APR of 3.663% today. The best 30 year FHA fixed rate loans are on the books at 3.500% with a bit higher APR of 4.053%. 30 year jumbo fixed rate loans at the bank start at 3.750% carrying an APR of 3.894%.
30 year VA loan interest rates have been published at 3.750% yielding an APR of 4.081%.
The short term, popular 15 year loan deals start at 2.500% carrying an APR of 2.857% today.
15 year FHA fixed rate loans stand at 2.750% and an APR of 3.286% today. 15 year Jumbo fixed rate loan interest rates start at 2.875% and an APR of 3.126%. VA 15 year fixed rate mortgages are 2.875% yielding an APR of 3.450%. 10 year loan interest rates are coming out at 2.375% and APR of 2.920% today. 3/1 ARM interest rates are being offered for 3.125% and an APR of 3.475%. The 5/1 Adjustable Rate Mortgage interest rates at US Bankcorp start at 2.750% with an APR of 3.296%.